Susan Beck's Summary Judgment
Last March the Second Circuit seemed poised to dismiss Judge Jed Rakoff's rationale for scuttling Citigroup's $285 million settlement with the Securities and Exchange Commission. Citi and the SEC should be feeling much less confident now.
By tackling the glaring conflict of interest created by a credit rating system beholden to issuers, Obama's pick to lead the SEC could prove she plans to live up to her reputation for toughness.
In the face of calls for greater transparency, business groups are honing their arguments against corporate disclosure of political spending. But their rationales just don't cut it.
Susan Beck's Summary Judgment: Could the Government Have Done More to Shield Itself from AIG Litigation?
Why was the federal government so worried about protecting Goldman Sachs & Co. in the $182 billion AIG bailout, and not, it seems, so concerned with protecting itself?
Pro bono is great, but it doesn't take the place of supporting legal aid lawyers, who provide the most efficient delivery of legal services for the poor.
For all the strides Mary Schapiro made after the disastrous tenure of Christopher Cox, the SEC is still tainted by the perception that it's a captive of Wall Street.